A major global cyber-attack has the potential to trigger up to $53 billion of economic losses, according to a scenario described in new research by Lloyd’s, the world’s specialist insurance market, and Cyence, a leading cyber risk an

Lloyds Banking Group said on Thursday it would accelerate its cost cutting plan to help offset a more testing economic environment and a likely drop in demand for credit caused by Britain's vote to quit the European Union.
Bri

Lloyds Banking Group said on Thursday it would accelerate its cost cutting plan to help offset a more testing economic environment and a likely drop in demand for credit caused by Britain's vote to quit the European Union.
Bri

Britain has cut its stake in Lloyds Banking Group by a further percentage point to under 15 per cent, accelerating its drive to return the bailed-out lender to full private ownership.
The latest sale means the government has so fa

Lloyds Banking Group is to sell a further 11.5 per cent stake in TSB Banking Group, leaving it with a 50 per cent shareholding in a business it was ordered to shed by European regulators.
Lloyds said it would sell another 57.5 mil

Oil and gas research and development spend will increase by at least 10 per cent in 2015, a new global survey has found.
The new research by Lloyd's Register Energy explores the drivers for technology and innovation in t

Barclays will this week say how it plans to meet tougher UK rules on capital, while strong earnings from Lloyds Banking Group will pave the way for Britain to sell some of its shares in the bank.
Barclays, which publishes results

Barclays will this week say how it plans to meet tougher UK rules on capital, while strong earnings from Lloyds Banking Group will pave the way for Britain to sell some of its shares in the bank.
Barclays, which publishes results

Britain will start selling its shares in Lloyds Banking Group to pension funds and insurers later this year, rejecting interest from private equity and sovereign wealth funds, industry and political sources said.
The government co

Britain kicked off the process of appointing advisers for a sale of its shares in Lloyds Banking Group and Royal Bank of Scotland (RBS), asking investment banks to submit proposals by July 8.
UK Financial Investments (UKFI), which